Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.53 million in February 2023 to a seasonally adjusted annual rate of 4.38 million. Although sales failed to break out of an annual slump, they rose 9.5 percent from January — marking the most significant monthly gain in a year.
They asked the court for more time to analyze the impact on their proposed settlement of NAR's proposed rule change banning the MLS display of commissions offered to buyer brokers.
Listing agents have less than a month to prepare homesellers for the peak spring selling season, according to Realtor.com's annual "Best Day to Sell" analysis, published on Thursday. This year, the portal says the week of April 14 is the best time to close a deal as fluctuating mortgage rates have a dual effect on the market.
Find out how this broker-owner left his role as a marketer for brands like Patron Tequila, the Dallas Mavericks and SMU Athletics to lead — and grow — a real estate company.